Second life energy storage firm Stabl has raised €15 million, while its CEO told Energy-Storage.news the second life market will “struggle with the deteriorating performance of their systems in the coming years”.
An energy storage news roundup from Germany, including 10MWh-plus projects from Tesvolt and Wirsol Roof Solutions and a €5 million fundraise by second life firm Voltfang.
New company Allye Energy has raised £900k (US$1.1 million) to scale up production of its mobile battery energy storage system (BESS) using second life EV batteries.
We caught up with Cling Systems, a B2B trading platform for end-of-life lithium-ion batteries which has seen 400MWh of volumes in aggregate for second life energy storage to-date.
Significant partnerships in Germany have been struck on second life energy storage and large-scale deployments, by ABO Wind and Tricera, and Kyon Energy and Obton, respectively.
The battery manager for Sweden-based Stena Recycling Group discussed the firm’s approach to the battery market and reusing batteries for second life in an exclusive interview with Energy-Storage.news.
Element Energy’s large stock of batteries for second life energy storage are mostly LG batteries recalled from EVs in the last few years due to fire safety concerns, a source told Energy-Storage.news.
Mining giant Glencore, Spain-based utility Iberdrola and commercial waste management firm FCC are partnering to develop lithium-ion battery circularity solutions, including recycling and second life.